Which country announced the New Economic policy?
India
Britain
Germany
China
In the domestic economy major reforms were undertaken in the _______ sector.
Industrial Sector
Service Sector
Tertiary Sector
Service sector
Who controlled the financial sector in India?
State Bank Of India
World Bank
Reserve Bank Of India
Co-operative Banks
The process of industrialization is the essential pre- requisite for
Generating employment
Inducing investment
Achieving economic development
Increasing per capita income
The WTO was born out of negotiations in which round of the GATT?
Geneva Round
Torquay Round
Tokyo Round
Uruguay Round
Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?
1. Promotion of free trade and resources flows across the countries2. Protection of Intellectual Property Rights3. Managing balanced trade between different countries4. Promotion of trade between the former East Bloc Countries and the Western World Select the answer by using the codes given below:
1,2 and 4
1 and 2
2 and 3
1 and 4
(A) Globalization has created new opportunities of employment and emerging multinationals
(B) A ready measure of the extent of globalization of the good market of India is provided by the share of imports and exports in overall output
Select the correct answer using the following codes:
Only A is true
Both A and B are true
A is true but B is false
A is false but B is true
The new industrial policy was announced in
1980
1984
1991
2001
Privatization refers to
The sale of privately owned businesses to the government sector
The sale of public companies to the private sector
The sale of corporately owned businesses to individuals
All the above
Which of the following is referred to as a predecessor to WTO?
OPEC
IMF
GATT
